Question 1

What is the mission of SOAR COMMUNITY?

Accepted Answer

Promote, for the public benefit, urban regeneration in the North of Sheffield. Ensure that local people lead the regeneration process and engage them in the decisions that affect the quality of their lives. Support local organisations and help them to become more business like and more sustainable. Become sustainable and create wealth that can be used in the area.

Question 2

What is the financial size of SOAR COMMUNITY?

Accepted Answer

SOAR COMMUNITY is classified as a large charity. In the latest financial year, they reported a total income of £3,446,096 and total expenditure of £2,299,018.

Question 3

How does SOAR COMMUNITY allocate its spending?

Accepted Answer

For every pound spent, approximately 99.8% goes directly to charitable activities. The remaining 0.2% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of SOAR COMMUNITY?

Accepted Answer

SOAR COMMUNITY employs 42 staff members and is supported by 50 volunteers.

Question 5

Does SOAR COMMUNITY receive government funding?

Accepted Answer

Yes. Approximately 72.9% of their income comes from government grants or contracts.

Question 6

Does SOAR COMMUNITY pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

SOAR COMMUNITY

Latest HighlightsFY 2025

Income Sources

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